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ADM plans to stop producing dry lysine in early 2021 and produce only liquid and encapsulated lysine. The company cited overcapacity in the global industry as the reason for eroding dry lysine market conditions.
A major producer leaving dry lysine can tighten available supply, which may firm prices for feed buyers. The shift also reflects a structural move toward liquid and encapsulated products.
world-grain.comHolly Demaree-SaddlerDec 17, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
